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Opening an account in Paysera payment system (Lithuania)

Opening an account in Paysera payment system (Lithuania)
  • Price:500 EUR
  • Term:10-15 days
About the payment system

Paysera is a payment system for the provision of digital financial services licensed in 2012. The company is wholly owned by Lithuanian shareholders. Previously, the payment system worked under the name Mokejimai.

Peysera has an office in Lithuania (Vilnius) and a customer service center in Estonia.

Paysera LT is supervised by the Bank of Lithuania, is a member of the SEPA Instant, SEPA, and TARGET2 instant payment systems, as well as the official Shopify payment operator.

Name
Paysera
Opening date
10-15 days
Price
500 EUR
Features of the payment system
  • physical Visa cards;
  • 24/7 customer support in Russian;
  • artificial intelligence is used to identify customers;
  • free SEPA payments in EUR for individuals;
  • multi-currency accounts, work with more than 20 currencies;
  • Paysera Checkout services for international trading platforms;
  • provide individual IBAN accounts for transfers in euros;
  • to receive transfers in another currency, including USD, indicate Payser’s bank account, and the recipient’s internal account in the note;
  • the main currency of the card account is euro, therefore all payments on the card are made in euros with subsequent conversion;
  • API integration and connection of the Paysera payment gateway to the online store through ready-made plugins is available (access to up to 20 trading platforms WooCommerce, Prestashop, Opencart, Magento, Shopify, Ecwid, etc.);
  • available currency exchange in more than 30 currencies; when exchanging large amounts, a discount is applied;
  • client identification and account management is carried out through a mobile application.
For whom we open accounts

Paysera payment system opens accounts for private and corporate clients from all over the world. This includes opening accounts for financial service providers. Only companies registered in tax-free zones and countries from the sanctions lists are not served.

Account types

Settlement and processing accounts. To open a business account, you must first open a personal account for the shareholder/director of the company and go through identification in the system.

Term:
Account opening:
personal
no commission
corporate for companies from the EEA
no commission
corporate for non-EEA companies
10 EUR
corporate for international companies
100 EUR
...
(applies to companies that do not operate in the country of incorporation, do not submit annual financial statements and/or have significant tax benefits)
Account service:
personal
no commission
corporate for companies from the EEA
no commission
...
(for companies from Latvia, Estonia and the UK - 3 EUR/month)
corporate for non-EEA companies
3 EUR/month
corporate for international companies
10 EUR/month
Commission:
for the excess balance on the account
0,5%/year
SEPA transactions:
for private clients
free of charge
for business
from 0,29 EUR
Visit

To open an account in the Paysera payment system, a personal visit to Lithuania is not required. An account is opened remotely.

Account opening procedure
1
Getting to know the client and his business
2
Collection and preparation of documents
3
Signing bank forms
4
Sending documents to the payment system
5
Positive response from the payment system
6
Gaining access to the account

Please note that according to international account opening standards, each payment system is required to adhere to the KYC procedure, therefore it will require documents and data confirming identity, business and wealth for identification. Also, a financial institution may, based on its internal rules, refuse to cooperate without giving reasons. In order to avoid such negative consequences, please contact specialized lawyers for a preliminary consultation on opening foreign accounts, and we will tell you all the nuances of how to open an account in the Lithuanian Paysera payment system.

Popular questions
What types of accounts does Paysera open?
The Paysera payment system opens settlement and processing accounts. For assistance in opening an account, preparing documents and completing the compliance procedure, leave a request on our website and we will contact you immediately.
What is the term for opening an account in Paysera?
The opening period varies depending on the complexity of the client, the country of residence and the type of account, on average, all procedures take up to 15 days.
Is it possible to open an account in Paysera online?
The payment system opens accounts online, without visiting Lithuania in person.
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